Cottonwood Arizona 86326
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Courtesy of Sheri Sperry ~ Re/MAX Sedona
YOUR Solutions Realtor®
Cottonwood Arizona 86326 Homes For–Sale
Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.
Cottonwood Arizona 86325 is a city, about a half hour south of Sedona. It is located off highway 260. Cottonwood is known for it’s big box shopping centers and is also known for the Verde Valley Medical Center. There are many medical offices around the hospital that provide all the services you might need. Go to LifeInSedona.com and select Cottonwood for more information.
Since April of 2015 as some markets became much more soft, Cottonwood has been moving in an upward trend and continued to strenghten. As of January 2016, the Market Action Index (MAI) is climbing sharply.
Another indicator shows that inventory is down from January. Normally sellers tend to wait until Spring to start a new listing. So right now it is a push. Inventory could rise by April. Because the inventory is still being depleted and prices are still moving higher which has positive indications for the market. Overall, Days On Market (DOM) are down as well. So right now, the MAI is showing an upward push. This is basically a hot market. When you have a 39.1 MAI you have a strong sellers market. It has dropped a little from January but the indicators are showing strong trends upward. The seller is in the driver’s seat with most homes.
The Characteristics per Quartile show the MAI at 33 for the top quartile while the other 3 quartiles range from 40 to close to the 60 point mark. Remember that a MAI of 30 is the point of equilibrium between a buyer or seller market. 60 is what you see in the hot markets of Northern California.
The homes in the Cottonwood area are priced more competitively than Sedona. You get more home and property for the price. Also it is an easy drive to Sedona to enjoy the beauty of that area.
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Select Link Below To See Cottonwood Single Family Homes in Each Price Range
Interactive chart below will continue to show current market information
MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer.
ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?
Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you. I am YOUR Solutions Realtor.” ~ Sheri Sperry
Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker Reciprocity
A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past, and current information. It is deemed reliable but not guaranteed.